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let's keep this in washington. because it is in the belt beltway where the republican side of the argument makes the most apparent sense. there's no suspense in how washington, d.c. is going to vote in the election. but in the real world, out in the rest of the country, the president just won reelection and his party, the democrats picked up seats in the house and senate at the same time. before this election, which the democrats did very well and the republicans did not do well, before this election happened, the republican speaker of the house john boehner had proposed that revenues should be raised by this much. this was his pre-election offer. after the election, which his party lost, after contesting on these grounds, after the election where his side lost, look at his new offer. now he's offering this much new revenue. his offer has gotten worse. you cannot have what i offered you before the election. what election? that's how the republican house speaker is playing the game this week. maybe in the world of t
let's keep this in washington. because it is in the belt beltway where the republican side of the argument makes the most apparent sense. there's no suspense in how washington, d.c. is going to vote in the election. but in the real world, out in the rest of the country, the president just won reelection and his party, the democrats picked up seats in the house and senate at the same time. before this election, which the democrats did very well and the republicans did not do well, before this...
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america" from washington. the authority
america" from washington. the authority
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washington insiders. because they think that they're going to be doing this down to the very last minute. >> i know you were dismayed saying that typically behind the scenes, at least, they're cutting some deals, and you felt that watching here and what you're talking about is exactly what's happening. >> people who are in on the discussion zoraida told me yesterday that what we're seeing play out is what's playing out. there's no back channel negotiation. there's no -- we're seeing it play out in real time and that's -- that's actually a little bit frightening. and because of this, there's something else that's happening i want to tell you about. oracle is the latest company that says it's going to pay out dividends to its shareholders early to avoid higher investment taxes next year. this means a pay day early for investors. mom and pop investors, too. you're going to get a dividend before the end of the year. dividends currently are taxed at 15%. in 2013 if we fall off the fiscal cliff, dividends will
washington insiders. because they think that they're going to be doing this down to the very last minute. >> i know you were dismayed saying that typically behind the scenes, at least, they're cutting some deals, and you felt that watching here and what you're talking about is exactly what's happening. >> people who are in on the discussion zoraida told me yesterday that what we're seeing play out is what's playing out. there's no back channel negotiation. there's no -- we're seeing...
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it's tuesday december fourth four pm here in washington d.c. i'm liz wall and you're watching our t.v. . ok if you've been living under a rock there is some news coming out of the u.k. prince william and kate are expecting their first child which has set off a media spectacle this is a huge story in europe but here in the u.s. the mainstream media has ramped it up take a look. ever since the royal couple got married britain has been waiting for its royal baby now that baby is on the way the media happy waiting for this story with bated breath it's a cute morning sickness so it's treated with a rehydration so cheesy with nutrients supplements and trying to get it back on track they were planning to announce at this point that she is not yet twelve weeks pregnant they haven't even told prince charles or the queen about this until today . i am sure every woman is enjoying c.n.n.'s coverage and listening to a male reporter talk about morning sickness well while they are covering a story that has little impact here in the u.s. arts he will cover wha
it's tuesday december fourth four pm here in washington d.c. i'm liz wall and you're watching our t.v. . ok if you've been living under a rock there is some news coming out of the u.k. prince william and kate are expecting their first child which has set off a media spectacle this is a huge story in europe but here in the u.s. the mainstream media has ramped it up take a look. ever since the royal couple got married britain has been waiting for its royal baby now that baby is on the way the...
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"washington journal" continues. host: as part of the fiscal cliff that is looming, we look at different aspects, today, the alternative minimum tax, which will impact 30 million americans if congress does nothing. we are joined by georgetown law's john buckley. what is the alternative minimum tax. -- tax? guest: is requires it to pay the greater of what you pay under regular income tax, or what you would compute under the minimum tax, which has a slightly more broad base, this allowing some of the reductions in a regular tax. in some respects, it is very similar to the patch on itemized deductions that is being discussed. rather than directly attack preferences and expenditures, it puts an overall cap on the benefit. there is no new idea in this debate. the cap there's a strong relationship to how the alternative minimum tax works. host: here is a form from the irs in 2011 tax preparation, and this is part one, the alternative minimum tax income. how do you know if you fall into the amt? how you know? guest: i belie
"washington journal" continues. host: as part of the fiscal cliff that is looming, we look at different aspects, today, the alternative minimum tax, which will impact 30 million americans if congress does nothing. we are joined by georgetown law's john buckley. what is the alternative minimum tax. -- tax? guest: is requires it to pay the greater of what you pay under regular income tax, or what you would compute under the minimum tax, which has a slightly more broad base, this...
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they thought it would be maine and washington but not maryland. maryland wouldn't do it at the ballot box because it's about 30% african-american. maryland did it. >> i'm curious why you think president bill clinton since he has the freedom hillary doesn't, why hasn't he apologized for this stain on his record? >> in 2009 before obama, not a very expansive or hugely heartfelt way, said i'm now for marriage equality. again it was not a big statement. i think he feels like i did that, what more do i have to do. i think doma is such a nasty bit of legislation, codified bigotry, it calls for more robust than that. >> the important divergence that frank is identifying between the two democratic presidents. president obama's justice department did make the unusual step of deciding not to defend the constitutionality of doma, typically the justice department defends everything because it is the lawyer of the laws of the land. here they have the discretion to do otherwise. they did otherwise. it makes a difference. as the lower courts and potentially the
they thought it would be maine and washington but not maryland. maryland wouldn't do it at the ballot box because it's about 30% african-american. maryland did it. >> i'm curious why you think president bill clinton since he has the freedom hillary doesn't, why hasn't he apologized for this stain on his record? >> in 2009 before obama, not a very expansive or hugely heartfelt way, said i'm now for marriage equality. again it was not a big statement. i think he feels like i did that,...
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lou: as of tonight it looks like there is nothing ralistic going on in washington d.c. imagine that. it is great to talk with you. i hope he will come back soon and often. amazing, as you saw. editorial cartoonist. up next ralph nader headlines a triumvirate of angry liberals over the weekend. we will have that straight ahead.3 up tomorrow former ways and means committee chairman, fox is military analyst with a new book. among ou guests. stay with us now. the dow's doctors ginside the mind of an nfl player turned killer. by acid reflux disease. osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. rhea, and abdominal pain. other serious stomach conditions may still exist. talk to your doctor about nexium. lou: senior u.s. officials have beg moving its chemical weapons over recent days. president obama arning syrian president against using those weapons. >> today i want toake it absolutely clear, the world is watching. the use of chemical weapons is and would be totally unacceptable. and if you make that tragic mistake of using these we
lou: as of tonight it looks like there is nothing ralistic going on in washington d.c. imagine that. it is great to talk with you. i hope he will come back soon and often. amazing, as you saw. editorial cartoonist. up next ralph nader headlines a triumvirate of angry liberals over the weekend. we will have that straight ahead.3 up tomorrow former ways and means committee chairman, fox is military analyst with a new book. among ou guests. stay with us now. the dow's doctors ginside the mind of...
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nassim nicholas taleb joins us tonight from washington. professor, good to have you back on this program. >> thank you for inviting me. tavis: i want to get into the book. let me start with the news of the day. everybody in washington is talking about the fiscal cliff. the so-called fiscal cliff. they're not talking to each other at the moment. that is what the conversation is going to get to, how do we avoid going over the so-called fiscal cliff? you suggested that the fiscal cliff might be good. i got a chance to go through your book. i understand, i think, why you might feel that way. the book argues that we need disorder to develop. we need disorder in our world to develop. we will come back to the book in a moment. based upon the motion -- that notion, why might the fiscal cliff be a good thing? >> we have been stuck for four years in a state of complacency. nobody wants to do anything about the accumulating problems. everybody knows about the problems. i think the civilization is masking deeper problems. if you let markets give you i
nassim nicholas taleb joins us tonight from washington. professor, good to have you back on this program. >> thank you for inviting me. tavis: i want to get into the book. let me start with the news of the day. everybody in washington is talking about the fiscal cliff. the so-called fiscal cliff. they're not talking to each other at the moment. that is what the conversation is going to get to, how do we avoid going over the so-called fiscal cliff? you suggested that the fiscal cliff might...
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shopaholics drop an average of $263 a month in washington, d.c. that's more than anywhere else in the country. >>> andrew zimmer, the host of bizarre foods on the travel channel is blasting yelp.com. he says reviews of restaurants and other businesses should be left to the pros. he claims too many people abuse the site and try to blackmail the merchants they're commenting on. >>> trial began monday in italy for superstar fashion designers. they're charged with tax evasion. they deny any wrongdoing. >>> finally, it may be the only time you smile about a story on the fiscal cliff. you need to check out this youtube video of a little boy glued to the animation used by our friends at cnbc. [ laughing ] >> that's the great thing about kids. you can leave him there for 15 minutes. he'd be all set. >>> one of the coolest down hill skating races you'll see this year. plus, bofrming legend mohammed ali receives the biggest award in boxing history. that's next. [ male announcer ] this december, remember -- ♪ you can stay in and like something... ♪ [ car
shopaholics drop an average of $263 a month in washington, d.c. that's more than anywhere else in the country. >>> andrew zimmer, the host of bizarre foods on the travel channel is blasting yelp.com. he says reviews of restaurants and other businesses should be left to the pros. he claims too many people abuse the site and try to blackmail the merchants they're commenting on. >>> trial began monday in italy for superstar fashion designers. they're charged with tax evasion....
SFGTV2: San Francisco Government Television
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i believe it was central to his success in washington and around the world. for all of us who came to know him it was such pleasure and a privilege. [applause] >> i am the lead ambassador before and after the revolution. on behalf of the libyan government and libyan people, i want to say to chris' family, parents, brother, sisters and to the american people, we are very sorry. you sent us one of your best diplomats. unfortunate will not able to protect him. i knew chris when i came to this country 2004. i think i met him for the first time before he went to libya, when he was serving at the relations committee in the senate. met him few times in libya when i used to go from time to time. he is the man that there is no limit. he witnessed the suffering under regime of gadhafi and saw brutality of gadhafi killing his own people using all type weapons. he was the first american representative to go to benghazi, my hometown. every member of the delegation came to this country. when i speak about steven they say yes, chris, we know him. he talked to the people. he
i believe it was central to his success in washington and around the world. for all of us who came to know him it was such pleasure and a privilege. [applause] >> i am the lead ambassador before and after the revolution. on behalf of the libyan government and libyan people, i want to say to chris' family, parents, brother, sisters and to the american people, we are very sorry. you sent us one of your best diplomats. unfortunate will not able to protect him. i knew chris when i came to...
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jeff, what do you make of what's going on in washington? i'm most interested in the fact that the markets have lost the volatili volatility. we're not seeing the markets respond to every single statement that comes out of washington right now. what do you make of that? >> i think it's the same washington waltz we saw last year. they didn't extend the bush tax cuts until december 17th. they didn't handle the payroll tax until december 23rd. i lived inside the beltway. i have a pretty good network on the hill. i think they're going to have some kind of staged in agreement and then agree to attack the entitlement situation in the new year. >> michael, what do you make of what's going on? how do you try and trade this? at least we had some volatility the traders could trade on. now we don't have that. >> i think the lower volatility is telling you this is an extremely resilient stock market. i've been calling this the rocky balboa stock market. the entire scenario playing out is the fiscal cliff ends up being bullish no matter what. spending cu
jeff, what do you make of what's going on in washington? i'm most interested in the fact that the markets have lost the volatili volatility. we're not seeing the markets respond to every single statement that comes out of washington right now. what do you make of that? >> i think it's the same washington waltz we saw last year. they didn't extend the bush tax cuts until december 17th. they didn't handle the payroll tax until december 23rd. i lived inside the beltway. i have a pretty good...
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howard kurtz joins me live now from washington via skype. he's the anchor of "reliable sources" on cnn. this is pretty overwhelming stuff, i have to say. to just read it, my first inclination was to say, come on, that can't be true. what was your first reaction? >> there goes roger again because i reported last year ashleigh that roger ailes had dinner with most of the prospective presidential candidates including mitt romney and he gave him some advice about loosening up on the air. so even though he runs a major news channel, roger ailes was a backbattleground in republican politics, he can't resist dabbling in the political game. >> but to suggest a news organization might need some guidance on how to tailor what they're going on the air? >> i don't know if mcfarland was carrying a message from ailes or not. petraeus interestingly enough said fox seemed to turn against the war in afghanistan after it became obama's war, in other words when it was no longary war being prosecuted by george w. bush. more interesting to me is the noths that a
howard kurtz joins me live now from washington via skype. he's the anchor of "reliable sources" on cnn. this is pretty overwhelming stuff, i have to say. to just read it, my first inclination was to say, come on, that can't be true. what was your first reaction? >> there goes roger again because i reported last year ashleigh that roger ailes had dinner with most of the prospective presidential candidates including mitt romney and he gave him some advice about loosening up on the...
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you can tell us what's going on in washington. what's going on in washington? >> bad dynamics. >> really? >> those of us optimistic there'd be a deal. the white house has blasted boehner's offer as much as the republicans blasted the president's. people like to say, oh, they're going to posture, but behind the scenes they're working it out. they're not. >> i hear chuck todd reported yesterday behind the scenes a top aide to barack obama, willie geist. and this -- i don't -- i'm not really good at reading the tea leaves. maybe this is good, maybe this is bad. but a top obama aide yesterday told chuck todd that if the republicans -- if these republicans were in power when abraham lincoln were there, there would still be slavery. does that help the process move along? or does it hurt? i don't really know -- >> reading between the lines. >> i know one direction, i know boy bands. >> reading between the lines, that's probably a bad omen. we do have four weeks, though. >> that's bad. >> absolutely. we have, i believe, we have 27 negotiating days. until the year end.
you can tell us what's going on in washington. what's going on in washington? >> bad dynamics. >> really? >> those of us optimistic there'd be a deal. the white house has blasted boehner's offer as much as the republicans blasted the president's. people like to say, oh, they're going to posture, but behind the scenes they're working it out. they're not. >> i hear chuck todd reported yesterday behind the scenes a top aide to barack obama, willie geist. and this -- i don't...
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of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> have you watched the very last word? it's a segment that we do at 11:01 right after the last word and we post it on our website. here's a sample. >>
of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my...
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there's a news conference along with washington lawmakers to push for the flat tax. he joins us later this hour. liz: first, what drove the marketings for today's data download. stocks ending lower, struggling for direction most of the day, unable to hold gains trading lower. i think it was 79 times. health care and industrials were today's top performing sectors and telecomo lagged. the euro extending the gains versus the dollar, rallying to a near seven week high against the green back after greece announced its debt buy back terms. euro rose to a $1131. that's high historically. action in the metals. silver, platinum, all sinking more than 1%. silver was today's biggest loser dropping nearly p 3% to settle at $32.81 an ounce. david: markets hopping, but the next trader says investor participation is shifting. in chicago, larry, the key question here is what happens when the market gets off its hind legs and moves? move up or down? >> it all depends on what happens with the fiscal cliff. right now, there's boehner yelled out by his own party, the conservative part
there's a news conference along with washington lawmakers to push for the flat tax. he joins us later this hour. liz: first, what drove the marketings for today's data download. stocks ending lower, struggling for direction most of the day, unable to hold gains trading lower. i think it was 79 times. health care and industrials were today's top performing sectors and telecomo lagged. the euro extending the gains versus the dollar, rallying to a near seven week high against the green back after...
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so how do we move beyond this stalemate in washington? we heard from the president, just a short time ago. our chief white house correspondent jessica yellin joins me now, jessica, the president spoke out, sat down in an interview with bloomberg tv, and in listening to the interview, did you hear any clues toward a possible compromise here? >> reporter: not new clues, brooke. the president laid down the marker that we heard from the white house consistently, which is they aren't moving until they hear the republicans agree to raise tax rates on the wealthiest. listen to what the president had to say. >> i think that, you know, we have the potential of getting a deal done, but it is going to require what i talked about during the campaign, which is a balanced responsible approach to deficit reduction that can help give businesses certainty and make sure the country grows. and unfortunately the speaker's proposal right now is still out of balance. he talks, for example, about $800 billion worth of revenues, but he says he's going to do that
so how do we move beyond this stalemate in washington? we heard from the president, just a short time ago. our chief white house correspondent jessica yellin joins me now, jessica, the president spoke out, sat down in an interview with bloomberg tv, and in listening to the interview, did you hear any clues toward a possible compromise here? >> reporter: not new clues, brooke. the president laid down the marker that we heard from the white house consistently, which is they aren't moving...
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i spoke to the three works fine people in washington yesterday from all over the country. i said i will give any of your million bucks if you get some new what the republican message was in 2006. i kept my money. i give you a dollar if you continue with the republican message was in 2010. all about puuhing back against excessive interests of expansive expensive government over reached in the guise of tarp and stimulus and obamacare. here we are again. they know who they are. >> a party of social issues cannot make its of a party of economics. they are completely stuck in the middle, and obama holds the cards. if they take the wrong but they lose and if they take the right pose the lose. of their patriotic into what is right they lose. very difficult position to be in >> but you are admitting that this is about tactics. [talking over each other] >> i am not a brain surgeon. i am a political person. that's what i do. lou: i love it when you are modest. >> modesty becomes you. this is where i think republicans have an opportunity to lead. they need to be clear, concise, and s
i spoke to the three works fine people in washington yesterday from all over the country. i said i will give any of your million bucks if you get some new what the republican message was in 2006. i kept my money. i give you a dollar if you continue with the republican message was in 2010. all about puuhing back against excessive interests of expansive expensive government over reached in the guise of tarp and stimulus and obamacare. here we are again. they know who they are. >> a party of...
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good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for monday december third two thousand and twelve reuters reports some wall street banks are looking to help their foreign customers skirt new u.s. regulations for over the counter derivatives they're looking at ways to route trades reportedly via non-u.s. affiliates exploiting the lack of a precise definition for what exactly constitutes a u.s. person now it may not come as a surprise that wall street will be trying to find a way around regulations it doesn't like but what is the antidote well lucky for us former f.d.i.c chairwoman sheila bair is here to lend her experience and perhaps provide some answers and it's a theme we often talk about on this show financial regulations that disproportionately hurt smaller players sheila bair lays out some specific examples from her time in the regulatory trenches in her book we'll revisit these in our reality check and this so-called look guard list now reportedly leads back to the former greek prime minister's family
good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for monday december third two thousand and twelve reuters reports some wall street banks are looking to help their foreign customers skirt new u.s. regulations for over the counter derivatives they're looking at ways to route trades reportedly via non-u.s. affiliates exploiting the lack of a precise definition for what exactly constitutes a u.s. person now it may not come as a surprise...
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talks continuing in washington. we are just down about 12 points on the dow jones industrial average, 27 days until america goes over that fiscal cliff. the president just finished answering questions on the issue after meeting with governors at the white house and our political correspondent, john harwood is live at the white house and eamon javers is talking with key congressional players on those talks. john, first to you. >> reporter: the president talked to our colleagues at bloomberg and talked about the republican offer from speaker boehner on the fiscal cliff resolution. he said it was out of balance because the speaker has not agreed to rate increases but the president identified a two-step process by which he is hoping still to reach an agreement before the end of the year, if he can get republicans to give on the top rate. he said that first of all, we can't do a fundamental tax reform in the next two weeks. we simply have to have a down payment before the end of the year and then commit to tax and entitl
talks continuing in washington. we are just down about 12 points on the dow jones industrial average, 27 days until america goes over that fiscal cliff. the president just finished answering questions on the issue after meeting with governors at the white house and our political correspondent, john harwood is live at the white house and eamon javers is talking with key congressional players on those talks. john, first to you. >> reporter: the president talked to our colleagues at...
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washington warning that israel's plans pose a threat to the peace effort but prime minister binyamin netanyahu is vowing to press ahead and continue construction and. journalists and international affairs expert says netanyahu is aggressive stance could cost him the support of he's a longtime ally. netanyahu he's scoring domestic points and he's definitely positioning this. as a bid for big three in january of this king the loss of even those kinds of bees you know on capitol hill who have been very staunch that he and betty it is liable so far and. such as that. political move would have a long consequences in the sense that they will you know two state solution my sense is that. the united states is looking a little less with grassroots movements growing and each state to secede from the union though the move was largely symbolic more than a million americans have now signed petitions to the white house saying that i'm good with the government encroaching on states' rights where in a partner. for that. with more to moderate here is that for a former colony won the right to determin
washington warning that israel's plans pose a threat to the peace effort but prime minister binyamin netanyahu is vowing to press ahead and continue construction and. journalists and international affairs expert says netanyahu is aggressive stance could cost him the support of he's a longtime ally. netanyahu he's scoring domestic points and he's definitely positioning this. as a bid for big three in january of this king the loss of even those kinds of bees you know on capitol hill who have been...
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but look at this afternoon. 73 on the mall in washington, d.c. it's going to be 63 in new york. 70 in atlanta. it's not like it's frigid behind this either. it's still going to be pretty mild. the east coast tomorrow slightly cooler. but by december standards, still unbelievably warm map. joe and meeka, there is no cold air coming our way. there is no sign of any snowstorms either. this is going to continue it looks like for another week. >> i'll take it. thank you. >> fantastic. thanks a lot. greatly appreciate it. >>> now, mica, let's go to sports. last night i cannot believe you are such an nfl fan while you're watching one direction you are also watching monday night football. >> i watched it on the big screen. >> did you really? >> yeah. >> that's not right. robert griffin iii making his monday night football debu. rg-3 finds running room along the leave side. he's got the first down and much more. but as he goes down, the ball pops loose right into the waiting arms of josh morgan who takes it in for a touchdown to give the redskins an early
but look at this afternoon. 73 on the mall in washington, d.c. it's going to be 63 in new york. 70 in atlanta. it's not like it's frigid behind this either. it's still going to be pretty mild. the east coast tomorrow slightly cooler. but by december standards, still unbelievably warm map. joe and meeka, there is no cold air coming our way. there is no sign of any snowstorms either. this is going to continue it looks like for another week. >> i'll take it. thank you. >> fantastic....
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you have a testosterone class in washington, d.c. and nothing is happening and the rest of us in america are suffering because nothing is going on. >> in switzerland they say the folks 10 to be happier. it depend on what your choices are. i don't know how happy the people would be if our cities were full of the sex boxes. whatever that is. >> your thoughts on that? >> we just found out the 3.8% surtax will be on our investments and houses. we are not used to government being this intrusive into our lives. one of the reasons we are not happy in america is because finally we are seeing this intrusion into our lives. our daily lives of more and more and more government. you wake up in the morning. walk outside your door. you will be taxed for it any more in this country. we like the freedom to take care of ourselves. we are no longer getting that freedom at all, whether it's locally or whether it's nationally with our national government. look at california. for every 100 workers in california we are supporting 139 people who are not wo
you have a testosterone class in washington, d.c. and nothing is happening and the rest of us in america are suffering because nothing is going on. >> in switzerland they say the folks 10 to be happier. it depend on what your choices are. i don't know how happy the people would be if our cities were full of the sex boxes. whatever that is. >> your thoughts on that? >> we just found out the 3.8% surtax will be on our investments and houses. we are not used to government being...
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washington is reportedly planning to double the size of its espionage not work abroad they expansions part of an overhaul within the defense intelligence agency and is expected to rival the cia so the plans on hiring more than six hundred undercover agents will be significantly every vonta operation the chinese military as well as iran north korea and militant islamist groups in africa are believed to be among those in the cross has of that expanded spice for spy force scott horton contributing editor at harper's magazine believes that by pouring more money into its plane at wax the u.s. is admitting its neglected old fashioned efforts at intelligence gathering. this planning change actually can be read as is an admission of sorts and that is that the intelligence that's been collected by this massive apparatus has been very very weak particularly in the critical north east. middle east and. and the north africa region and also in pakistan the intelligence community did not see the arab spring coming. toria as mrs smith's about the situations in countries like egypt and syria for inst
washington is reportedly planning to double the size of its espionage not work abroad they expansions part of an overhaul within the defense intelligence agency and is expected to rival the cia so the plans on hiring more than six hundred undercover agents will be significantly every vonta operation the chinese military as well as iran north korea and militant islamist groups in africa are believed to be among those in the cross has of that expanded spice for spy force scott horton contributing...
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susan mcginnis in washington this morning. thank you so much. >>> iran says this morning it's captured a united states drone flying over iranian air space. the drone was reportedly gathering information over the persian gulf when it was captured by iranian naval units. in 2011, iran brought down a cia drone. >>> at the united nations, the general assembly approved the resolution that calls on israel to open its nuclear facilities for inspection. the resolution calls on israel to join the nuclear nonprolivelation treaty. it's widely believed israel has a nuclear arsenal, but the israelis have never confirmed or denied they had nuclear weapons. >>> the u.s. is considering military options if syria uses chemical or biological weapons against opponents of the assad regime. u.s. intelligence has detected signs the syrian regime has begun preparing chemical weapons for possible use. it's believed syria has chemical and biological weapons stored at some two dozen sites. speaking in washington yesterday, president obama issued a point
susan mcginnis in washington this morning. thank you so much. >>> iran says this morning it's captured a united states drone flying over iranian air space. the drone was reportedly gathering information over the persian gulf when it was captured by iranian naval units. in 2011, iran brought down a cia drone. >>> at the united nations, the general assembly approved the resolution that calls on israel to open its nuclear facilities for inspection. the resolution calls on israel...
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>> tahman bradley live in washington today. thank you, tahman. >>> and as talks over the fiscal cliff drag on, a new poll finds that most americans do not think very highly of congress. one in ten americans rate the honesty and ethical standards of its members as very high or high. this puts the law making body, second-lowest on the list of 22 professions. higher only than car sales people. >> how telling is that? >> that's an indictment. >>> and another nasty storm is drenching the west coast, from northern california, into portland and seattle. this is the fourth big rainmaker to hit that area in a week. and this time, it could dump up to five inches of rain and cause even more flooding and destruction. abc's brandi hitt has the latest. >> reporter: after several days of drenching rain, downed trees, flooding and rockslides, families throughout the west are finally getting a break in the severe weather to clean up. three storms have slammed through the region in less than a week, dumping up to a foot of rain in some areas. wa
>> tahman bradley live in washington today. thank you, tahman. >>> and as talks over the fiscal cliff drag on, a new poll finds that most americans do not think very highly of congress. one in ten americans rate the honesty and ethical standards of its members as very high or high. this puts the law making body, second-lowest on the list of 22 professions. higher only than car sales people. >> how telling is that? >> that's an indictment. >>> and another...
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jim acosta in washington with details. i'm going to let you explain what transpired between two and why some are saying this may have crossed the line. >> what is going on here, this comes out of the part of the process during the republican battle for that nomination when people inside the republican party pining for other candidates, people like chris christie, jeb bush and david patreaus. so it was in 2011 when an analyst for fox news, k.t. mcfarland sat down with general patreaus to talk about the war in afghanistan. also the prospect that david patreaus might be tapped to head the cia or be the chairman of the joint chiefs. it was during that discussion when this i guess proposal was issued to david patreaus. k.t. mcfarland said it came from ro ro roger ailes, if patreaus wanted to run for president ailes might be able to help him with that and run a david patreaus for president campaign. here's a little bit of sound from the interview obtained by "the post." the other thing was directly advice to me from roger ailes
jim acosta in washington with details. i'm going to let you explain what transpired between two and why some are saying this may have crossed the line. >> what is going on here, this comes out of the part of the process during the republican battle for that nomination when people inside the republican party pining for other candidates, people like chris christie, jeb bush and david patreaus. so it was in 2011 when an analyst for fox news, k.t. mcfarland sat down with general patreaus to...
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it's only been about four weeks and his ideas are not being discussed in washington. there's not much of any reference to him. the republican leaders who are young and up and coming are talking about how to rebrand and rebuild the party and some people close to mitt romney said he doesn't really have much of an interest of being involved in that kind of conversation. >> philip rucker and jonathan capehart, thank you for joining me tonight. >> thanks. >>> coming up, in the rewrite, mike huckabee, herman cain are upset at bob costas who said what had to be said during his football coverage last night. in, or geico...as most of you know members it.congress. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newscaster:breaking news. the gecko is demanding free pudding. and political parties that are actual parties!? with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. or that printing in color had to cost a fortune. nobody said an all-in-one
it's only been about four weeks and his ideas are not being discussed in washington. there's not much of any reference to him. the republican leaders who are young and up and coming are talking about how to rebrand and rebuild the party and some people close to mitt romney said he doesn't really have much of an interest of being involved in that kind of conversation. >> philip rucker and jonathan capehart, thank you for joining me tonight. >> thanks. >>> coming up, in the...
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washington, dc, 71. chicago, 70. but the temperatures are going to drop. this time tomorrow, 40 in chicago and the cold air will visit us in the northeast, as well. >>shepard: well, it is december. santa cannot get here if it is cold he will end up in florida. >> scam artists are stealing hundreds of thousands of identities to get their hands on billions of our tax money and we are learning more about the warning with nfl player belcher and what he said before he pulled the trigger. stay tuned. ♪ [ male announcer ] are you on medicare? do you have the coverage you need? open enrollment ends friday, december 7th. so don't wait. now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions. call today to learn about the kinds of coverage we offer, including aarp medicarecomplete plans insured through unitedhealthcare. these medicare advantage plans can combine parts a and b, your hospital and doctor coverage... with part d prescription drug coverage, and extra benefits... all in one complete plan... for a $0 monthl
washington, dc, 71. chicago, 70. but the temperatures are going to drop. this time tomorrow, 40 in chicago and the cold air will visit us in the northeast, as well. >>shepard: well, it is december. santa cannot get here if it is cold he will end up in florida. >> scam artists are stealing hundreds of thousands of identities to get their hands on billions of our tax money and we are learning more about the warning with nfl player belcher and what he said before he pulled the trigger....
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that is walk, one of the things that washington is really effective at. they know how to fleeces they know how to get each level bureaucracy to get theirs, essentially. >>neil: you seize on the emotional moment. thank you, thank you. and now, a charity bell ringer was turned away. and he claims women are to blame. .. >>neil: imagine walking into your first day of work and seconds later being told it will not work out. it sounds like some days i -- dates i went through. but enough about me back to my guest. this man claims the salvation army turned him away as a singing bell ringing because cute women bring if more cash. he is not ripping a bell anymore. is that legal? does he have a case? lis wiehl and deborah are trying this. we pit out a call to the salvation army and we will get their statement in a second lis? >>lis: he does. reverse discrimination. unless you try out for the rock rocketettes, where your looks matter so were, it shouldn't matter. plus, the guy is kind of cute. >>neil: he is fuzzy. he does, indeed -- there he is. reverse discrimination
that is walk, one of the things that washington is really effective at. they know how to fleeces they know how to get each level bureaucracy to get theirs, essentially. >>neil: you seize on the emotional moment. thank you, thank you. and now, a charity bell ringer was turned away. and he claims women are to blame. .. >>neil: imagine walking into your first day of work and seconds later being told it will not work out. it sounds like some days i -- dates i went through. but enough...
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he joins us from washington, d.c. was the white house or the democrats surprised by the republican proposal? >> dagen, i do not think that they were surprised. they knew another proposal would be coming back. they probably guessed that it would not include tax rate increases. that is the dance that is going on here. two scorpions dancing around each other waiting to strike. you know bowles said last night at an interview, i think you said it best, both sides would get killed by their base if the true deal was out right now. they would just get killed. dagen: do they know what the true deal is? >> no. i do not think they know yet. i think they know the framework of the true deal. they almost got there. they know what each side needs to happen for their faith to be semi- happy. they know where the red line is that at least they have talked about. i think until you get in that room and hammer it out, you do not know the parameters of where exactly that will be. i do not think you will get to that room until we get closer
he joins us from washington, d.c. was the white house or the democrats surprised by the republican proposal? >> dagen, i do not think that they were surprised. they knew another proposal would be coming back. they probably guessed that it would not include tax rate increases. that is the dance that is going on here. two scorpions dancing around each other waiting to strike. you know bowles said last night at an interview, i think you said it best, both sides would get killed by their base...
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, economic report from washington. the dow jones industrial average up 17 points right now. we wait for that all important jobs report. the fiscal cliff as we await for the bipartisan agreement of some sort, right? so these are the things that are really on the table on wall street on december which is traditionally a good month here on wall street. as i took a look at the up volume versus the down volume they are virtually the same, just a moment ago it changed but 165 million to the upside, 149 lower. so about half the names on the dow are winners. let's take a look at earnings losers. when you look at darden, you talk about olive garden and red lobster, they saw sales pulling back despite promotions. they will have to change the way they do things, saying the quarter was disappointing. pep boys noting the same thing. they're not seeing great sales and numbers. as a result we're seeing both of these names down arrows and down double-digit in percentage terms. ashley, tracy, back to you. tracy: nicole petallides, i ha
, economic report from washington. the dow jones industrial average up 17 points right now. we wait for that all important jobs report. the fiscal cliff as we await for the bipartisan agreement of some sort, right? so these are the things that are really on the table on wall street on december which is traditionally a good month here on wall street. as i took a look at the up volume versus the down volume they are virtually the same, just a moment ago it changed but 165 million to the upside,...
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it's monday december third eight pm in washington d.c. i'm christine and you're watching our t.v. starting off this hour with the latest news out of syria there are reports that syrian president bashar al assad might be preparing to use chemical weapons in his war torn country but the united states and its western allies have warned the syrian government that assad will be quote held accountable if his forces use these weapons against the rebels rebels fighting his government this is also the story being told to the american people that syria's stockpile of chemical weapons is dangerous and could be deadly sound familiar well maybe it's because you've heard similar talk only a decade ago in the lead up to the war with iraq. danger to our country is grave. the danger to our country is growing. the iraqi regime possesses biological and chemical weapons weapons of mass destruction weapons of mass destruction weapons of mass destruction we don't know where they are but the point is there was every reason to believe that they were there at the time we're going to find out massive evide
it's monday december third eight pm in washington d.c. i'm christine and you're watching our t.v. starting off this hour with the latest news out of syria there are reports that syrian president bashar al assad might be preparing to use chemical weapons in his war torn country but the united states and its western allies have warned the syrian government that assad will be quote held accountable if his forces use these weapons against the rebels rebels fighting his government this is also the...
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and washington in warning that israel's plans pose a threat to the peace effort but prime minister binyamin netanyahu is vowing to press ahead and continue construction and trick of its janice and international affairs expert says netanyahu is aggressive styles could cost him the support of his longtime ally. netanyahu least according to the points and he's definitely positioning this. is a bid for victory january. risking the loss of even those kinds of these you know on capitol hill who have been very staunch that he and betty the lightest of hearts and. centrists that. geo political move would have a long consequences in the sense that they will be no two state solution my sense. is that netanyahu is i'm sleepy so if and when this goes ahead that means that you can try to impose upon the united states. but with this administration it's that. the united states is looking a little less silo with grassroots movements growing in each state to secede from the union that the move was launched a symbolic more than a million americans have now signed petitions to the white house saying that i'm
and washington in warning that israel's plans pose a threat to the peace effort but prime minister binyamin netanyahu is vowing to press ahead and continue construction and trick of its janice and international affairs expert says netanyahu is aggressive styles could cost him the support of his longtime ally. netanyahu least according to the points and he's definitely positioning this. is a bid for victory january. risking the loss of even those kinds of these you know on capitol hill who have...
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we have donnish mustafa he is a reader in politics and environment at king's college london and in washington we cross to michael cohen he is a south asia associate at the woodrow wilson international center for scholars all right gentlemen crosstalk rules in effect that means you can jump in anytime one twenty five go to you first in london do you like to charm water wars because it's used a lot in media. it sounds good because it's a literal served want to was but in fact it misleads people into thinking that most you run out of water whatever that means you then automatically reach for a kalashnikov or go to war water we have seen over the past forty years at least if not more is that when people run out of water that is they haven't got enough water to raise the food that they need at home they're not longer self-sufficient they then reach for trade because trade is quiet and invisible it doesn't raise any politics a country all the twenty countries in the middle east and many other countries in the world and all the countries in europe except france can easily move into dependence on imp
we have donnish mustafa he is a reader in politics and environment at king's college london and in washington we cross to michael cohen he is a south asia associate at the woodrow wilson international center for scholars all right gentlemen crosstalk rules in effect that means you can jump in anytime one twenty five go to you first in london do you like to charm water wars because it's used a lot in media. it sounds good because it's a literal served want to was but in fact it misleads people...
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cyprian supports the football team here in washington. it is a heated rivalry. >> bill: even if your team loses, don't you think you would wear the gear? >> i have the hat. i am absolutely loyal. they played a solid game last night. right up until they didn't win. >> they almost won. >> spoken like a true fan. they played a great game until they lost. >> bill: here's what it sounded like on espn right at the end there. >> rejuvenated football in the nation's capital. redskins and giants split. it looks like they've won a game here at fedex field. and all they are is within a game of the division lead. >> bill: 17-16. >> i will say as a giants fan the redskins are a solid contender this year and they have a fabulous rookie quarterback. >> bill: rgiii. >> he's very good. >> bill: there we go. we've got the nats and redskins coming up. whoa suddenly, sports town. >> i wouldn't get too carried away with that. the last couple of games they looked very good. they also lost to the panthers this season and they had some very terrible games. if th
cyprian supports the football team here in washington. it is a heated rivalry. >> bill: even if your team loses, don't you think you would wear the gear? >> i have the hat. i am absolutely loyal. they played a solid game last night. right up until they didn't win. >> they almost won. >> spoken like a true fan. they played a great game until they lost. >> bill: here's what it sounded like on espn right at the end there. >> rejuvenated football in the nation's...
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washington is reportedly planning to double the size of its spy network that brought by having more than sixteen hundred undercover agents it's part of an overhaul within the pentagon's defense intelligence agency which is expected to rival the cia scott houghton contributing editor of harper's magazine believes the u.s. is admitting its neglected the old fashioned tradecraft of gathering intelligence this planning change actually can be read as is an admission of sorts and that is that the intelligence that's been collected by this massive apparatus has been very very weak particularly in the critical northeast. middle east and. and the north africa region and also in pakistan the intelligence community did not see the arab spring coming. in the koreas mrs smith's about the situations in countries like egypt and syria for instance and i think in part this results from a heavy focus by the intelligence community overall or on the what's called signal signals intelligence that is very very sophisticated intercept systems to the detriment of the traditional human intelligence and i think n
washington is reportedly planning to double the size of its spy network that brought by having more than sixteen hundred undercover agents it's part of an overhaul within the pentagon's defense intelligence agency which is expected to rival the cia scott houghton contributing editor of harper's magazine believes the u.s. is admitting its neglected the old fashioned tradecraft of gathering intelligence this planning change actually can be read as is an admission of sorts and that is that the...
SFGTV2: San Francisco Government Television
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you get off at powell between washington, you don't know where chinatown is. okay. so, in the interest of making the quality of life and transportation in san francisco better, it seems like we need to slow down, february 1st is not going to work, and rethink this thing. and in the beginning when we had the emergencies, these day or two and i give all the employees credit, the word used was "cost-effective." so, the gentleman who did the work to fix the breakdown is we need to build that kind of city at the street level or whatever level where we don't have more pedestrian transit accidents. so, there seems to be some design flaws. i drive fourth and bryant because my husband works by the caltrain station. well, that's the beginning of it, but i don't see the logical connection, how you get on the subway. and then from chinatown i want to speak to the hardships of the businesses because i tried helping louie's restaurant. they went out of business, four years of construction from the chinatown campus of community college. so, cost-effective, it's going to be this mu
you get off at powell between washington, you don't know where chinatown is. okay. so, in the interest of making the quality of life and transportation in san francisco better, it seems like we need to slow down, february 1st is not going to work, and rethink this thing. and in the beginning when we had the emergencies, these day or two and i give all the employees credit, the word used was "cost-effective." so, the gentleman who did the work to fix the breakdown is we need to build...
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will bring you inside on the global financial headlines from washington. the stunning beauty of reindeer gracefully dancing across the arctic tundra more than just a scenic image it is a way of life traditionally the people are nomadic reindeer herders and go in many ways they lead a simple and rustic life they are also highly skilled and organized. another weekend. google moving around. respond to summer depending on. the day we found this particularly camp they were settled near the coast of the ta to see here for families work together to manage nearly a thousand reindeer herding reindeer is not just a job for the people in fact it's a part of their entire culture and way of life and that they can use almost every single part of the reindeer to help them survive. a deer is a means of transportation. equipment and clothes for the outside and. the life in the tundra is harsh and so before winter hits many of the children are helicoptered to the center of the district and not even for boarding school. students learn different languages utilize modern techn
will bring you inside on the global financial headlines from washington. the stunning beauty of reindeer gracefully dancing across the arctic tundra more than just a scenic image it is a way of life traditionally the people are nomadic reindeer herders and go in many ways they lead a simple and rustic life they are also highly skilled and organized. another weekend. google moving around. respond to summer depending on. the day we found this particularly camp they were settled near the coast of...
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i'm amount li-- andrea mitchell live in washington. the senate has managed to vote on something, rejected a u.n. treaty to extend rights to the blind and disabled, rights that have been the law of the land here in the united states since 1990. despite an emotional appearance from bob dole just out of walter reed, 89 years old, a passionate advocate for equal rights for the disabled since his first speech on the senate floor in 1969. joining me for our daily fix, kra, managing editor of post politics.com and capitol hill correspondents, nbc's kelly o'donnell and luke russert. kelly, to you, because this vote in the senate, john kerry led the way, it was bipartisan, in support. they needed 6 votes. it's a treaty, two-thirds of the senate and it failed. talk to me about all the ramifications here. >> it's not that often andrea, you know this, when votes on the senate floor can draw such powerful emotions and even tears from members of the gallery who attend in the public seats that are not in camera view. but we had that today. there was
i'm amount li-- andrea mitchell live in washington. the senate has managed to vote on something, rejected a u.n. treaty to extend rights to the blind and disabled, rights that have been the law of the land here in the united states since 1990. despite an emotional appearance from bob dole just out of walter reed, 89 years old, a passionate advocate for equal rights for the disabled since his first speech on the senate floor in 1969. joining me for our daily fix, kra, managing editor of post...
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this would be a good lesson for everybody in washington. what you see here and what we have in this meeting, i mean, a lot of times i think there's a got-ya mentality. you have a collection of governors, both republican and democrat, representing all 50 gnches in this country who didn't -- governers in this country who didn't get off on the fringes, who didn't get off on pet projects but instead said, we hope there's going to be something that happens here in this nation's capital and in the end we hope it's something that's positive for our states, both for our finances but also for our states' economies. so what we did what we felt cleblet collectively unites us not guides -- divides us and it's what we brought to the table. >> thank you all very much. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> in a few minutes we'll go live to the jack kemp foundation's leadership awards dinner. florida senator marco rubio is this year's recipient. it's running a little behind. we'l
this would be a good lesson for everybody in washington. what you see here and what we have in this meeting, i mean, a lot of times i think there's a got-ya mentality. you have a collection of governors, both republican and democrat, representing all 50 gnches in this country who didn't -- governers in this country who didn't get off on the fringes, who didn't get off on pet projects but instead said, we hope there's going to be something that happens here in this nation's capital and in the...
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washington denying iran has done anything. iran with a very different story and they're already using this to say that they've score d a bg intelligence victory over the u.s. the reports in state media in iran started early, according to iran captures a u.s. drone after it flew into iranian air space, southern iran. iran describing this drone as a scan eagle, about a ten-foot wing span that can go about 24 hours without refueling. iran already boasting a win, putting it on display, video clip posted online, carol, showed what appeared to be two military officials examining what looked like a u.s. drone with that poster that you mentioned with the title "we will trample on the u.s.." >> i don't mean to change the subject. we hear the yelling behind you. you're in cairo, egypt. what's going on behind you, reza? >> reporter: these are the option factions here in cairo, who are back in pretty big numbers, few thousand of them in egypt, protesting against president morsi's decrees and this draft constitution that appears to be goin
washington denying iran has done anything. iran with a very different story and they're already using this to say that they've score d a bg intelligence victory over the u.s. the reports in state media in iran started early, according to iran captures a u.s. drone after it flew into iranian air space, southern iran. iran describing this drone as a scan eagle, about a ten-foot wing span that can go about 24 hours without refueling. iran already boasting a win, putting it on display, video clip...
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zzzquil, of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. have led to an increase intands clinical depression. drug and alcohol abuse is up. and those dealing with grief don't have access to the professional help they need. when you see these issues, do you want to walk away or step
zzzquil, of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help...
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it seems to move on every word that comes out of washington. > > absolutely. actually, i am surprised, given the stalemate that we had this weekend and the gop yesterday having a counter offer - they are miles apart, but the market really held in there, and i think, at this point, the market is just basically pricing in that nothing really good is going to happen in washington, at least for now. > what about manufacturing matt? the numbers came in solid for china, not so good for the u.s. there was a bit of a slip. > > i think some of that is the concern. but at least the silver lining is positive for china. but realize, china is $8 trillion. our market is about twice the size. so we really need those manufacturing numbers to kick in next year. but of course there have been so many good confidence and housing numbers to sort of buttress that weaker number yesterday. > what is your stock strategy in the current market? > > i think the big question everyone has to ask themselves is, do i need microsoft, cisco, and intel in my portfolio? they have been laggards f
it seems to move on every word that comes out of washington. > > absolutely. actually, i am surprised, given the stalemate that we had this weekend and the gop yesterday having a counter offer - they are miles apart, but the market really held in there, and i think, at this point, the market is just basically pricing in that nothing really good is going to happen in washington, at least for now. > what about manufacturing matt? the numbers came in solid for china, not so good for the...
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now they got to deal with this morass in washington. while i'm optimistic if congress and the president cancel their vacations, remember, no vacation without legislation and stay to avert the cliff. i'm worried that they're sworn to not compromise. i'm worried that rising above is anathema to democrats and repugnant to the republicans as the phrase, grover, hide your ears, higher taxes. here's the bottom line. a new school which says the cliff jump won't be that bad has now entered the fray. i'm still hoping we don't go over the cliff. but i can't be sanguine if we do. i think it means that the stock market will get hammered even as it might bounce back if the austerity is lifted by a dreaded, hated compromise that both sides seem to despise. i have a list of ten stocks that would be the bounce-backers. you got to stay tuned for those. but it would be a bounce-back. let's go to isaac in pennsylvania. isaac? >> caller: jim, how are you today? >> i'm okay. how about you? >> caller: just fine. i have a question regarding dean foods. >> sur
now they got to deal with this morass in washington. while i'm optimistic if congress and the president cancel their vacations, remember, no vacation without legislation and stay to avert the cliff. i'm worried that they're sworn to not compromise. i'm worried that rising above is anathema to democrats and repugnant to the republicans as the phrase, grover, hide your ears, higher taxes. here's the bottom line. a new school which says the cliff jump won't be that bad has now entered the fray....
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i'm live from washington, d.c. tonight's lead, the end of an era. for more than 20 years republicans have calmed to the one policy that's crippled our ability to get things done in washington. do you remember this? >> read my lips. no new taxes. >> read my lips, no new taxes. george h.w. bush hammered that mantra to win the white house in 1988. but just two years later, the reagan deficits were skyrocketing and president bush was forced to change his most famous line. >> long and bitter battle over the budget officially ended last night. president bush put his signature on the deficit reduction package, including $140 billion in tax increases. >> tax increases. that was a turning point for the modern republican party. the right wing went crazy. and george bush lost re-election. since then the party's been committed to never compromising on the tax issue, no matter the deficit. no congressional republican has voted for an increase in taxes since 1990. think about it. for nearly a quarter of a century, no new income taxes. in the current congress, 236
i'm live from washington, d.c. tonight's lead, the end of an era. for more than 20 years republicans have calmed to the one policy that's crippled our ability to get things done in washington. do you remember this? >> read my lips. no new taxes. >> read my lips, no new taxes. george h.w. bush hammered that mantra to win the white house in 1988. but just two years later, the reagan deficits were skyrocketing and president bush was forced to change his most famous line. >> long...
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saying that's going to allow washington to continue to spend money here on capitol hill. that's been met with a little bit of interest here in the halls of congress because that's a sign that republican conservatives are not entirely thrilled with the speaker's proposal to the president of the united states. it brings up the question of how much the speaker can actually negotiate with the president and how much his hands are going to be tied by dealing with his own conservative caucus here on the hill. talking with those republican members today, it seems like the speaker still has the upper hand. that's going to narrow some of the running room that the speaker has going forward. very, very dicey situation for speaker boehner today. >> all right. we'll be watching that. thank you so much, eamon. want to get to mary thompson now. >> pandora reporting an adjusted loss for the quarter -- adjusted earnings, i should say. up five cents a share on revenue of $120 million. the company also gave guidance for the fourth quarter, seeing an adjusted loss for that period. up 6 to 9 c
saying that's going to allow washington to continue to spend money here on capitol hill. that's been met with a little bit of interest here in the halls of congress because that's a sign that republican conservatives are not entirely thrilled with the speaker's proposal to the president of the united states. it brings up the question of how much the speaker can actually negotiate with the president and how much his hands are going to be tied by dealing with his own conservative caucus here on...
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the media is doing all this fear mongering and you get a lot out of washington. this is a self-created drama, of course. these cliff negotiations. but the markets are remaining relatively calm and steady. why are investors being so cool and above the fray when everybody else is running around with their heads cut off? >> everybody thinks what you see on tv with the duelling positions and we refuse to negotiate, the market sees it for what it is, which is theater. everyone is staking out the position trying to suck up to the base. there will be behind the scenes caving at some point, and if there isn't, if everyone just says absolutely not, we're not doing a deal, it's bad for both sides if the economy actually gets hurt. there's a real incentive here to compromise at the end of the day. >> let's look at this theater. one of the lines you hear from every republican actor basically or actress when confronted with the idea of raising income tax rates is small business, what about small business? this is going to affect small business. this is an idea floated by susa
the media is doing all this fear mongering and you get a lot out of washington. this is a self-created drama, of course. these cliff negotiations. but the markets are remaining relatively calm and steady. why are investors being so cool and above the fray when everybody else is running around with their heads cut off? >> everybody thinks what you see on tv with the duelling positions and we refuse to negotiate, the market sees it for what it is, which is theater. everyone is staking out...